Valuing decentralized networks such as Bitcoin, Ethereum, and Solana is tricky. In this episode, Jon Charbonneau breaks down the key factors that determine the value of blockchain networks and how Lay...

Valuing decentralized networks such as Bitcoin, Ethereum, and Solana is tricky. In this episode, Jon Charbonneau breaks down the key factors that determine the value of blockchain networks and how Layer 2s impact these valuations.
🔥 EPISODE LINK 🔥
CHECK OUT THE EPISODE LINKS AND DETAILS HERE
👉  https://unchainedcrypto.com/podcast/whats-a-fair-value-for-crypto-networks-like-btc-eth-and-sol/ 👈

How do you determine the value of decentralized networks like Bitcoin, Ethereum, or Solana? It’s not as straightforward as traditional investments.

Jon Charbonneau, general partner at crypto investment firm DBA, joins Unchained after writing a paper that dives deep into the complexities of valuing blockchain networks. He explains why applying traditional equity models to networks such as Bitcoin falls short, how tax inefficiencies in staking rewards impact valuations, and whether Layer 2 solutions like Optimism and Arbitrum are helping or hurting the long-term value of Layer 1 blockchains.
Also, he looks at the big question—are these networks sustainable in the long run?

Show highlights:

🔹  What motivated Jon to write the paper
🔹  What the main points of the paper are
🔹  Why tax inefficiencies in staking rewards are a critical factor in valuing decentralized networks and how they differ from traditional corporate taxes
🔹  What makes valuing networks tricky, as Jon explains how proof-of-work vs. proof-of-stake systems differ from traditional equity models
🔹  How he thinks about valuing Layer 2s and whether they are parasitic to the L1
🔹  Whether blockchains are sustainable in the long term

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!
➡️    Polkadot https://polkadot.network/ecosystem/community/
➡️    Mantle’s FBTC http://fbtc.com/

Guest
⭐️Jon Charbonneau, co-founder and General Partner at DBA

Timestamps: 
00:00 Intro
01:25 What sparked Jon's interest in this topic?
03:35 Key takeaways from the paper
08:30 How staking taxes could change the game
13:46 Why traditional models fail for blockchain
20:10 Are Layer 2s helping or hurting Layer 1s?
26:51 Can blockchains survive long term?
29:20 News Recap

_______________________________________________________
#bitcoin #ethereum #crypto #cryptocurrencies 
++++++++++++++++++++++++++++++++++++++++++++++++ 
Subscribe to our channel!
CHECK OUT THE CRYPTOPIANS → https://www.youtube.com/watch?v=DFzunCFXrv4 WEBSITE → https://unchainedcrypto.com
UNCHAINED DAILY NEWSLETTER → https://unchainedcrypto.substack.com/ LAURA'S TWITTER → https://twitter.com/laurashin
UNCHAINED TWITTER → https://twitter.com/unchained_pod
FACEBOOK → https://www.facebook.com/unchainedwithlaurashin
INSTAGRAM → https://www.instagram.com/laurashin/?hl=en
LINKEDIN → https://www.linkedin.com/in/laurashin/
MERCHANDISE → https://unchainedpodcast.company.site/
++++++++++++++++++++++++++++++++++++++++++++++++
NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY!
ALONG WITH BITS & BIPS AND THE CHOPPING BLOCK
Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w 
RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 

YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO!

Youtube

What's a Fair Value for Crypto Networks Like BTC, ETH and SOL?

評估諸如比特幣、以太坊和Solana等去中心化網路的價值是一個棘手的問題。在這一集中,Jon Charbonneau分析了決定區塊鏈網路價值的關鍵因素,以及Lay如何...

以下是文章的簡體中文翻譯:

評估比特幣、以太坊和Solana等去中心化網路的價值是一個棘手的問題。在這一集中,Jon Charbonneau分析了決定區塊鏈網路價值的關鍵因素,以及Layer 2如何影響這些估值。

🔥 節目連結 🔥
點選檢視節目連結和詳情
👉  https://unchainedcrypto.com/podcast/whats-a-fair-value-for-crypto-networks-like-btc-eth-and-sol/ 👈

如何確定比特幣、以太坊或Solana等去中心化網路的價值?這不像傳統投資那麼簡單。

加密投資公司DBA的普通合夥人Jon Charbonneau加入了Unchained,他撰寫了一篇論文,深入探討了評估區塊鏈網路的複雜性。他解釋了為什麼將傳統股權模型應用於比特幣等網路存在缺陷,質押獎勵的稅收效率如何影響估值,以及Layer 2解決方案如Optimism和Arbitrum是否有助於或損害Layer 1區塊鏈的長期價值。

他還探討了一個關鍵問題 - 這些網路是否能夠長期可持續?

BTC、 ETH和SOL等加密網絡的公平價值是多少？

來源：留學生大叔
2022 年，西班牙一位名叫邁克爾（Michael）的男子被一個難題困擾著。
早在 2013 年，他以 5300 美元的總價購買了那會兒還沒有大火的比特幣，一共購買了 43 枚。
隨後他把這些幣存進了電子錢包，為了防盜，他用一個密碼軟件生成了一串長達 20 位數的隨機密碼。
邁克爾擔心用同樣的軟件保存這個密碼不夠安全，要是被黑客破譯了或者電腦丟失了，那麼對方能按圖索驥找到密碼，取...

老哥 11 年前買了幾十個比特幣，密碼丟失後黑客千辛萬苦幫忙拿回！過程也太曲折了...

Swell 宣佈改變發展戰略,從 Polygon CDK 轉移到 OP Stack 來建立自己的 Layer-2 <Staking>。
Swell "改變方向"選擇 OP Stack 而不是 Polygon CDK 來開發 Layer-2。

Swell“轉身”選擇OP Stack代替Polygon CDK開發Layer-2

貝萊德的IBIT在週二創下了超過6.29億美元的單日流入量,這家資產管理公司的資產接近歷史高點,這是在下週美國大選之前。
<AR>必須翻譯為<AR>。